MAINTENANCE RIGHT OF WIFE & CHILDREN OVERRIDES CREDITORS’ CLAIMS UNDER SARFAESI/IBC ON HUSBAND’S ASSETS: SUPREME COURT
In the case of Apurva @ Apurvo Bhuvanbabu Mandal v. Dolly & Ors., the original Family Court order awarded the wife (respondent) a monthly support payment of Rs.6,000/- and Rs.3,000/- for each child. The Gujarat High Court increased the maintenance payment to Rs.1 lakh…